Frasers Property Diversified Growth slide image

Frasers Property Diversified Growth

Australia PBIT lower due to upcoming redevelopment of commercial assets Segment Development FY23 FY22 Change S$54.8 m S$54.7 m ▲ 0.2% 6.6% Remarks Higher contributions from higher level of settlements, offset by lower share of profits from joint venture projects Earnings affected by lower occupancies across commercial assets, including the impact of the strategic Lee Street tenancy relocation for the upcoming redevelopment of Central Place Sydney Higher contributions from Real Utilities driven by increasing wholesale electricity price and growing customer base Investment Properties S$13.9 m S$20.8 m 33.2% Fee income & others S$6.8 m S$5.3 m ▲ 28.3% TOTAL S$75.5 m S$80.8 m We are Frasers Property UNISYS LINK Rhodes Corporate Park, NSW, Australia 41
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